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935 Salem St
Groveland, MA 01834
Mixed Use Restaurant/ Apartments · Retail Property For Sale

Investment Highlights

  • 78 Seat Restaurant/ Pub
  • Well Located on Well-Traveled Road
  • Well Maintained Property
  • 50 Parking Spaces
  • Strong Financials

Property Facts

Property Type
Retail
Property Subtype
Bar
Building Size
5,698 SF
Building Class
B
Year Built
1976
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.96 AC
Zoning
C
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

About 935 SALEM ST , GROVELAND, MA 01834

Mixed-Use Restaurant / Apartment property and business for sale on Salem Street, Route 97 in Groveland. This well-maintained mixed-use opportunity features a well-established freestanding restaurant and pub on the first floor and two 2 bedroom apartments on the second floor. Pub 97 has been a popular restaurant and pub in the Groveland/ Haverhill area since 2009. The business has maintained strong gross sales numbers through 2020 and YTD 2021, and runs lean with a strong net profit/ SDE. There are a total of 78 seats permitted, with 18 of those at the bar and 60 at tables. In addition to the indoor seating, the city has permitted outside seating which has continued to the present time. Prospective buyers are encouraged to perform due diligence in all aspects of an acquisition. The business will transfer as an asset sale. Please do not inquire within, this is an active business. Additional specific information will be provided upon execution of a Non-Disclosure Agreement.

Property Taxes

Property Taxes

Parcel Number
GROV-000049-000003
Land Assessment
$183,800
Improvements Assessment
$503,800
Total Assessment
$687,600
  • Listing ID: 24065217

  • Date on Market: 9/9/2021

  • Last Updated:

  • Address: 935 Salem St, Groveland, MA 01834

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